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Ann: BP33 Mineral Resource Upgrade, page-107

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thisfool369

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25/11/23

20:21

Post #: 71107434
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Originally posted by Bullseye80: ↑

So if we do another piss poor job on Bp and only get 50% recoveries we’re producing 130,000 tonne spod pa? If we keep our “ lowest cost” producer around $1200 a tonme. Then it all comes down to spod price and the multiple the market wants to give us. I’m just gonna say at some point while we’re getting 50% recoveries over the next 5to 8 years spod will be trading at $3000 us . And I think we will at some point whilst making a profit we will get valued at a pe of 8 . That gives us around a market cap of $1.8bil. So provided we got enough cash and no more raise we should see $.85 some time in next 5 years. Quite possibly more if the stars align. Get recoveries up around 80-90, continual exploration drilling hits, spod gets back on a run ( which I think will happen on multiple occasions until market matures, there will be spikes and crashes for a while yet). so in conclusion of my expert analysis here I’d say it a long wait to get your money back if your bought over $1, but you’ve got a good chance of getting it back and a shot at making some bucks. Loving the raise over on LTR. Oppurtunity to get back in at quite a reasonable cost. All the board are in on the cr. The chairman’s in with a conditional placement for 6 million shares $10.8 mill. The same math applied above with 50% recoveries and a $3000 spod price gives about 20% upside, with the size of that one though the upside if they get it right is intoxicating. I see little mid-long term risks. I applied $1200 as the c1 closer to Cxo rather then the $650 they forecast. But these I just get this feeling like the team at LTR know what they’re doing, they are all over this. Anyway Albermale but happy with the 10 % dilution and Multiple party finance package?? Not they I’d know but sounds alright to me. Just dribbling now. Nigh nigh everyone

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Recoveries have improved consistently. Everything learnt from this experience will be applied to BP33.

CXO Price at posting: 34.5¢ Sentiment: Hold Disclosure: Held
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Last 10.0¢		Change 0.000(0.00%)		Mkt cap ! $214.3M

Open	High	Low	Value	Volume
10.0¢	11.0¢	10.0¢	$1.502M	14.37M

Buyers (Bids)

No.	Vol.	Price($)
78	5970714	10.0¢

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Price($)	Vol.	No.
10.5¢	250000	2

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No.	Vol.	Price($)
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10	358265	0.098
3	220309	0.097
5	1200005	0.096

Price($)	Vol.	No.
0.105	250000	2
0.110	6839988	87
0.115	2570220	41
0.120	2208891	32
0.125	1526049	28

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Ann: BP33 Mineral Resource Upgrade, page-107

KalGold rolls out detailed aeromagnetic survey across Pinjin project

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Ann: BP33 Mineral Resource Upgrade, page-107

Top Stories

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The market's shrugged at China's stimulus measures all year. Why is this one different?

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Featured News

Buyers (Bids)

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